Shri Venkatesh Refineries Q1 Results PAT Increased to ₹359.97 lakh, with Revenue Up to ₹16,526.77 lakh

Shri Venkatesh Refineries Q1 Results: Shri Venkatesh Refineries (SVRPL) announced its financial results for the first quarter on August 20, 2024, reporting a slight increase in revenue, reaching ₹16,526.77 lakh compared to ₹16,339.62 lakh in the previous quarter, reflecting a growth of 1.15% Q-o-Q.

However, when compared to the same period last year, SVRPL's revenue showed a notable rise of 8.11% from ₹15,284.02 lakh. In terms of profitability, SVRPL achieved a profit of ₹359.97 lakh for Q1 2024-2025, up by 3.76% from ₹346.95 lakh in the previous quarter.

Y-o-Y, the profit increased by 4.23% from ₹345.35 lakh. The company's earnings per share (EPS) remained stable at ₹1.63, consistent with the previous quarter and reflecting a decrease from ₹3.12 in Q1 of the previous year. SVRPL's refining capacity is set to expand, with a planned increase to 300 tons per day, aiming to enhance its market position.

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Shri Venkatesh Refineries Q1 Results 2024 - 2025

Here's a summary of Shri Venkatesh Refineries's Q1 results for the 2024-2025 fiscal year. The company has reported its financial performance, showcasing key metrics and changes compared to previous periods. Below is a detailed table of the Q1 results:

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Shri Venkatesh Refineries Current Market Overview

Shri Venkatesh Refineries is currently trading at ₹128 per share with a market capitalization of ₹283 crore. The stock has fluctuated between a high of ₹148 and a low of ₹65.6 over recent periods. It has a price-to-earnings (P/E) ratio of 18.6 and offers a dividend yield of 0.39%.

The company's return on capital employed (ROCE) is 20.1%, and its return on equity (ROE) stands at 22.7%. The company's book value per share is ₹37.6, and it has a face value of ₹10. The stock is listed on the BSE - SME under the ticker 543373.

Quarterly Results

Here are the quarterly results for Shri Venkatesh Refineries for the periods ending December 2023, March 2024, and June 2024:

About Shri Venkatesh Refineries

Shri Venkatesh Refineries (SVRPL) is a company based in Maharashtra, India, specializing in the production, trade, and refining of edible oils and raw oil. Established in 2003, SVRPL began its operations in 2004 at its Erandol factory.

The company offers a range of products, including soybean oil, cottonseed oil, palm oil, and sunflower oil, all marketed under the brand name "Rich Soya." SVRPL also sells by-products like soya acid oil and soya fatty acid.

With a refining capacity of around 36,000 tons, SVRPL operates a plant in Jalgaon and has a network of 145 dealers and distributors across India.

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